Renovated Detached Victorian
1117 Glenwood Road Brooklyn, NY 11230
1117 Glenwood Road, Brooklyn, NY, 11230
$2,700,000
For Sale
$2,700,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,723 SF
Lot Size0.06 Acres
Price / SF$991.55
Days on Market85
Property Features for 1117 Glenwood Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- R2
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bedroom 4, Bathroom 6, Bedroom 6, Bedroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 8, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 7, Bedroom 2, Bathroom 2
- Interior features
- Central Air, Stove
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 2,723 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7169
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Hardwood, Ceramic, Carpet
- Building materials
- Brick, Wood Frame
- Architectural style
- Other
Listing Agency
Metro Realty Professionals
(718) 838-2600
6203 18th Avenue, Brooklyn, NY
Listed by
Jian Yang (Carey)
(718) 838-2600
Added: Apr 23 Checked: Jul 16 at 11:06 pm
MLS# 500824
Listing URL
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Totally renovated, fully detached Victorian home configured as a duplex-style setup. The main floor includes a living room, modern eat-in kitchen with granite countertops, a primary bedroom with a full en-suite bath, and an additional full bathroom, along with hardwood floors throughout. An interior staircase leads to a finished basement featuring a large family room, computer room, den, home gym area, and a full bathroom. The second and third floors are currently occupied and include office and living spaces, dining, kitchen, den, family room, reading room, five bedrooms, and three full bathrooms, plus a large second-floor balcony. The finished attic provides additional storage, and the paved front yard supports extra parking. The roof was redone approximately 10 years ago, with new electrical wiring and plumbing, fully insulated walls, nine split AC units, radiant floor heating, and two gas boilers and water heaters.
The property is located in Kensington and includes a side entrance, along with doubled private drive space that can park five cars, plus the front yard area that can park additional vehicles. The listing notes that it is minutes from stores along Coney Island Avenue and convenient to shopping and public transportation.
For tenants or buyers seeking a move-in ready, flexible income property, the layout supports a live-in arrangement while using part of the home as a separate unit if desired, including the option described to convert the large unit into two units with separate entrance. The home is described as delivery vacant upon request.
The property is located in Kensington and includes a side entrance, along with doubled private drive space that can park five cars, plus the front yard area that can park additional vehicles. The listing notes that it is minutes from stores along Coney Island Avenue and convenient to shopping and public transportation.
For tenants or buyers seeking a move-in ready, flexible income property, the layout supports a live-in arrangement while using part of the home as a separate unit if desired, including the option described to convert the large unit into two units with separate entrance. The home is described as delivery vacant upon request.
Key Highlights
- Fully detached Victorian home (year built 1910) with brick and wood‑frame construction in Kensington.
- Nine split ACs plus central air; radiant floor heating; 2 gas boilers and water heaters.
- Roof was redone 10 years ago; new electricity wiring and plumbing; fully insulated walls.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $138.9k | $51.00 |
| − Vacancy | −$2.6k | −$0.97 |
| EGI | $136.2k | $50.03 |
| − OpEx | −$40.9k | −$15.01 |
| NOI | $95.4k | $35.02 |
2,723 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.36M
$1.19M – $1.59M
NOI $95,364 @ 7.0% cap · market cap 3.53%
Second Best
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,130 @ 7.0% cap · market cap 3.08%
Theoretical Best
Specialty Retail
$2.25M
$1.97M – $2.63M
NOI $157,825 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated detached Victorian home offers flexible duplex configuration with finished basement and ample parking.
Where is this duplex located?
The property is located at 1117 Glenwood Road Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Fully detached Victorian home (year built 1910) with brick and wood‑frame construction in Kensington.; Nine split ACs plus central air; radiant floor heating; 2 gas boilers and water heaters.; Roof was redone 10 years ago; new electricity wiring and plumbing; fully insulated walls.
